Sr. Financial Analyst (Hybrid) - 40hrs/Day Shift

About the role

This is a hybrid role requiring 2–3 days of on-site work per month.

Responsibilities

• Monitor and analyze monthly service statistics.
• In collaboration with department directors, prepare and analyze monthly financial variance and detailed reports, volume/staff tracking, and trend analysis.
• Create and maintain a decision support structure for accumulating and delivering periodic statistical and other service data to management and other authorized users.
• Evaluate and continuously refine the processes for accumulating, processing, and distributing decision support information in both periodic and ad-hoc forms.
• Support operational and administrative decisions affecting finance, labor utilization, and budget development for departments under the Patient Care Services division.
• Provide financial planning and analysis services for proposed and existing programs.
• Assists in preparing monthly volume statistical reports and other reports for senior managers and department heads.
• Supports Finance division management through the performance of periodic and ad-hoc projects pertaining to reimbursement, regulatory compliance, financial planning, business development, and market research.
• Provide daily support and work closely with the accounting team.
• Support The Patient Care Services Division Through The performance of periodic and ad-hoc projects pertaining to reimbursement, regulatory compliance, financial planning, business development, and market research.
• The fostering of interdisciplinary collaboration in data analysis and decision making.
• The provision of information to division leadership that facilitates overall planning for the organization.
• Closely coordinate with division leaders to ensure that both the clinical and professional cost-centers are actively reviewed and budgeted appropriately.
• Coordination, implementation, and evaluation of processes for the public reporting of staffing plans, patient days, and quality data.
• The timely response to other department requests for Patient Care Services and nursing data.
• Prepare the division operating budget for staffing and supplies in collaboration with departmental directors and managers and the finance team.
• Support The Budgeting And Reimbursement Function Of The Finance Division Through The Provision Of Assistance To The Manager In The Following Areas Third party reimbursement activities, including governmental reporting and other activities. Internal and third-party productivity systems support. Enterprise operating budgets. Contractual allowances and accounts receivable valuation.
• Maintain established hospital and departmental policies and procedures, objectives, confidentiality, quality improvement program, safety, compliance, and environmental standards.
• Meet annual competency and retraining requirements.
• Maintain professional growth and development through attendance at seminars, workshops, conferences or in-services, professional affiliation, or journals to stay abreast of current trends in field of expertise.
• Attend meetings as required.
• Perform other functions/duties as requested.

Qualifications

• Bachelor’s degree required, preferably in accounting and/or business administration.
• Financial analysis experience with an emphasis on budgeting, financial planning, and decision support required.
• At least 2 years of experience in healthcare strongly preferred.
• Experience utilizing analytical tools and techniques required.
• Prominent computer reporting skills and analysis ability required.

Skills & Abilities

• Systems and financial analyses, communication, and facilitation skills such as the ability to lead, persuade, negotiate, and broker compromise.
• Written communication skills for the purpose of business plan development.
• Computer literacy with database management, spreadsheet, word processing, report writing and presentation software programs.
• Problem solving and issue resolution skills.
• Presentation skills, both oral and written.
• Attention to detail and follow up along with strong conceptualization skills.
• Able to prioritize in a changing environment and flexibility to move among multiple projects.